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Who owns the London Underground?

The current operator, London Underground Limited (LUL), is a wholly owned subsidiary of Transport for London (TfL), the statutory corporation responsible for the transport network in London.



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London is known for its integrated system, which is owned by Transport for London (TfL), an umbrella government body. Certain services, like bus operations, are franchised to private companies, but still operate within TfL's control.

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Transport for London (TfL) is a local government body responsible for most of the transport network in London, United Kingdom.

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In the early 2000s, London Underground was reorganised in a Public-Private Partnership (PPP) as part of a project to upgrade and modernise the system. Private infrastructure companies (infracos) would upgrade and maintain the railway, and London Underground would run the train service.

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Transport for London (TfL) is a not-for-profit organisation.

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As a result, roughly 40 per cent of the nearly £19bn cost has been paid for by London's businesses. This is not money that would have otherwise been spent in other ways, but new money on top of existing tax contributions, with the balance coming from London government, Network Rail and general government funds.

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TfL lost 95% of its fares income when the pandemic hit, and while passenger numbers on the Tube have recovered to roughly 65% of normal use, the transport body continues to struggle because “many commuters have not returned to a five-day week while there are few international tourists”, said the Standard.

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Examples of Natural Monopoly An example of a Natural Monopoly would be The London Underground.

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256. Paragraph 1 of Schedule 10 provides that TfL is not to be regarded as the servant or agent of the Crown or as enjoying any status, immunity or privilege of the Crown and its staff and property are not to be regarded as civil servants or property of the Crown.

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It is easier and safer to dig at depth in London because of the nature of the soil and to avoid other infrastructure and the Thames. It also may result from the fact that London is quite hilly and trains don't like going up hills, so the tube goes through the hill. Some stations are above ground.

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Most salary levels are just based on supply and demand economics really. What makes tube drivers different is the ability of their unions to make the supply of drivers extremely tight (and thus drive up their pay).

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